First Solar, Inc. (NASDAQ:FSLR – Get Free Report) CTO Markus Gloeckler sold 3,425 shares of First Solar stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $218.95, for a total value of $749,903.75. Following the completion of the transaction, the chief technology officer owned 7,471 shares of the company’s stock, valued at approximately $1,635,775.45. This represents a 31.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Markus Gloeckler also recently made the following trade(s):
- On Tuesday, August 4th, Markus Gloeckler sold 829 shares of First Solar stock. The shares were sold at an average price of $248.00, for a total value of $205,592.00.
First Solar Price Performance
First Solar stock opened at $244.14 on Friday. The stock has a market capitalization of $26.23 billion, a PE ratio of 15.05, a price-to-earnings-growth ratio of 0.52 and a beta of 1.75. The business has a 50 day simple moving average of $242.13 and a 200-day simple moving average of $225.09. First Solar, Inc. has a 12 month low of $176.47 and a 12 month high of $320.95.
Hedge Funds Weigh In On First Solar
A number of institutional investors have recently bought and sold shares of FSLR. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar during the 4th quarter valued at approximately $26,000. Reflection Asset Management purchased a new position in First Solar in the fourth quarter worth approximately $26,000. Strategic Wealth Investment Group LLC purchased a new position in First Solar in the second quarter worth approximately $26,000. Larson Financial Group LLC increased its stake in First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after acquiring an additional 55 shares during the last quarter. Finally, Elyxium Wealth LLC purchased a new stake in First Solar in the fourth quarter valued at $30,000. 92.08% of the stock is owned by hedge funds and other institutional investors.
More First Solar News
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: First Solar applauded the Trump administration’s comprehensive Section 232 action on polysilicon and related products. The measures are intended to reduce China’s dominance of a solar-material supply chain in which Chinese producers control more than 90% of global output. Although First Solar primarily uses cadmium telluride thin-film technology rather than polysilicon, stronger import protections could improve the competitive environment for U.S. solar manufacturers. First Solar Applauds Section 232 Action
- Positive Sentiment: Investor sentiment continues to benefit from First Solar’s recent quarterly earnings beat: adjusted EPS of $3.92 exceeded the $2.90 consensus estimate, while revenue reached approximately $1.06 billion and management reaffirmed its outlook. The company’s 45.1-gigawatt contracted backlog, planned capacity expansion and roughly $1.7 billion in net cash provide visibility and financial flexibility. First Solar Structural Growth and Financial Strength
- Positive Sentiment: Analyst commentary and reported call-option activity point to continued expectations for upside, with the consensus analyst target near $254 and several firms maintaining positive ratings. Analyst Expects First Solar Stock to Rise
- Neutral Sentiment: First Solar’s CTO Markus Gloeckler sold 829 shares for approximately $206,000 after also selling 3,425 shares earlier in the week. The transactions were conducted under a pre-arranged Rule 10b5-1 plan, reducing their signaling value, although the lower insider ownership may still attract scrutiny. First Solar CTO Stock Sale
- Negative Sentiment: Several law firms are promoting a securities class action covering investors who purchased FSLR between February 26, 2025, and February 24, 2026. The complaints allege inadequate disclosure of tariff exposure, facility underutilization and related costs; the claims remain unproven. The lead-plaintiff deadline is August 24, 2026, creating a continuing litigation overhang. First Solar Securities Class Action Deadline
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on FSLR. Barclays raised their price target on shares of First Solar from $213.00 to $279.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Evercore increased their price objective on shares of First Solar from $212.00 to $219.00 in a report on Monday, May 4th. Jefferies Financial Group set a $196.00 target price on shares of First Solar in a research note on Monday. Mizuho set a $237.00 target price on First Solar in a report on Friday, July 31st. Finally, TD Cowen restated a “buy” rating on shares of First Solar in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, First Solar presently has an average rating of “Moderate Buy” and an average price target of $254.44.
Check Out Our Latest Stock Report on First Solar
First Solar Company Profile
First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.
Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.
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